VPC Select Fund LLC
VPC Select Fund LLC is a private equity fund based in Winter Park, Florida. According to its most recent Form D, filed May 10, 2016, it has sold $6,200,000 of interests to 12 investors since its first sale in Apr 2016. The minimum investment it accepts from an outside investor is $5,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Robert Stearns; Aaron Stearns; John Walker, Sr.
- Total raised
- $6,200,000Cumulative sales reported on Form D
- Investors
- 12
- First sale
- Apr 15, 2016
- Minimum investment
- $5,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Robert Stearns; Aaron Stearns; John Walker, Sr
- Latest Form D
- May 10, 2016
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about VPC Select Fund LLC
What is the minimum investment for VPC Select Fund LLC?
According to its latest Form D, filed May 10, 2016, the minimum investment VPC Select Fund LLC accepts from an outside investor is $5,000.
Who can invest in VPC Select Fund LLC?
VPC Select Fund LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has VPC Select Fund LLC raised?
VPC Select Fund LLC reports $6,200,000 sold from 12 investors on its Form D filed May 10, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is VPC Select Fund LLC based?
VPC Select Fund LLC is based in Winter Park, Florida.
When did VPC Select Fund LLC launch?
VPC Select Fund LLC reports its first sale in Apr 2016.
Size compared with every private equity fund
Raised more than 70% of the 777 private equity funds based in Florida, and more than 37% of all 8,888 that report sales.